https://www.taxtmi.com/caselaws?id=347840 The Commissioner(Appeals) found that the gold bar seized by Customs officers was legally imported into India, as supported by documents and matching serial numbers. Ownership was deemed irrelevant for confiscation, leading to the dismissal of the Revenue's appeal. The Tribunal upheld this decision, noting the absence of tampering or fake markings on the gold bar, and no evidence of another bar with the same serial number. The chain of events and evidence presented confirmed the legality of the import, resulting in the rejection of Revenue's appeals. en-us Thu, 31 Aug 2017 00:00:00 +0530 Wed, 13 Sep 2017 07:32:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=347840 The Commissioner(Appeals) found that the gold bar seized by Customs officers was legally imported into India, as supported by documents and matching serial numbers. Ownership was deemed irrelevant for confiscation, leading to the dismissal of the Revenue's appeal. The Tribunal upheld this decision, noting the absence of tampering or fake markings on the gold bar, and no evidence of another bar with the same serial number. The chain of events and evidence presented confirmed the legality of the import, resulting in the rejection of Revenue's appeals. Case-Laws Customs Thu, 31 Aug 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=347840